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What is the present value of the following cash flows, given an appropriate discount rate of 8.99% ( to the nearest penny )? Year 1
What is the present value of the following cash flows, given an appropriate discount rate of 8.99% (to the nearest penny)?
Year 1 | $2,305 |
Year 2 | $6,912 |
Year 3 | $6,009 |
Year 4 | $98,583 |
Year 5 | $6,194 |
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